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Yankuang claims Yancoal will better face climate change with full ownership

YANCOAL Australia has confirmed it has received an unsigned, non-binding expression of interest in relation to a potential US$1.8 (A$2.5) billion takeover of its minority shareholders by major shareholder Yankuang Energy Group.

Lou Caruana
Yancoal's 62% shareholder Yankuang said the regulatory environment would make it increasingly difficult for coal mining companies.

Yancoal's 62% shareholder Yankuang said the regulatory environment would make it increasingly difficult for coal mining companies.

In its stated reasons for wanting to assume full control of Yancoal, 62% shareholder Yankuang said the regulatory environment would make it increasingly difficult for coal mining companies to face the...

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